


DropDead_Fed
PremiumGood for alt coins.
Longing all the top major alts and btc at these levels. Stop just below. No brainer to BTFD on a 35% gift pullack during the bull market cycle.
If these key levels hold on monthly (left) and weekly (right) RSI, we set up a great base for final stage of rally.
I would expect given many indicators bitcoin consolidates next few months here... and gold moves up.
BTC dominance chart breaking down to test below horizontal supports.
If the NDX breaks down below this key trendline, the the stock market bubble is likely popping and perhaps we see a decade+ of depression. Otherwise, this is a normal backtest and we may see a few more months or even YEARS (yes years) of bull market as fed re-inflates financial markets and devalues USD.
This has to be one of the most amazing crypto charts I have ever come across - it's the ETHE premium over ETH... it's transgressed across a 27% low to high of a staggering 2,015% ... insane. And it's in free fall - just dead cat bounced of a recent low of 34% and now sitting at ~50%... it almost makes more sense to trade this during market hours than regular ETH...
to key 50 or 200 day (red) MA on daily as well as 5 EMAs on higher time frames I could see one more thrust up and a break of the trendline down - but if it just goes up from here then all bets off, there will be no typical pullback after a monster ~300% move up. This case was 380% since march lows.
My strategy: Sell when too far above key 5 EMA (white line), buy on retest as 5 EMA catches up.
Fixed chart for clarity (previous post had quad view)... Target of $180 is primary, but expect when first G20 country currency to fail, eventual USD collapse will have silver hit >$180.
I am an accumulator along the 5 EMA (white line) From left to right are four candlestick views: quarterly, monthly, weekly, daily
Shorts are leaving the arena, and FOMO has set in. Last 400+% move up yielded at 65% pullback. This time a similar move up may yield a similar move back given the market is torn on how to value such a company. At a minimum a 35% pullback is in store soon... especially given the bearish divergences, but it may take a while for that move and another leg up could...
Monthly March candle was massive spinning top reversal candle
The monthly 9 sell signal has only been wrong twice out of many past signals. Expect market to weaken and pullback if fed QT starts (quantitative tightening).
Approximate sell/buy areas to cycle between
gold is set on its path to a historic decade long+ bull run